Tata Motors Ltd.’s total dispatches to dealerships rose 6% year-on-year to 80,825 units in October with both commercial vehicles and passenger vehicle sales witnessing growth.
Sales Highlights (YoY):
- Passenger vehicle sales rose 7% to 48,637 units.
- Electric passenger vehicle sales surged 28% to 5,465 units.
- Total Commercial vehicle sales rose 4% to 34,317 units.
- Heavy commercial vehicle sales grew 10% to 10,204 units.
- Small commercial vehicle cargo and pickup sales fell 8% to 14,419 units.
Commercial vehicle sales also saw an uptick in the heavy-commercial vehicle (HCV) trucks segment. The sales in this segment rose from 9,253 in October 2022 to 10,204 units in October 2023, an increase of 10 per cent Y-o-Y.
Cargo and pickup vehicles in the small commercial vehicle category registered an 8 per cent Y-o-Y downfall in sales as the sales plummeted from 15,618 in October 2022 to 14,419 units in October 2023.
Passenger carriers saw the most impressive growth as their sales grew by 43 per cent, from 1,759 units in October 2022 to 2,514 units in October 2023.
Tata Motors has given a fresh update to its line-up of passenger vehicles, which includes the upgraded Nexon, Safari, and Harrier. While the company has kept the engine and transmission intact, Tata Motors has given cosmetic and feature-related updates to its vehicles, which include a different style for the alloy wheels, a larger infotainment screen, and some other design-related changes.
